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When Humble Games laid off 36 employees this July, amid the general sense of unease and distaste was something more specific: deja vu. Humble's downsizing came just days after the [...]

The COVID-19 pandemic had a swift and devastating impact on the U.S. restaurant industry. Nearly 8 million workers lost their jobs when many businesses were forced to shutter their windows [...]

Even when some of Dalana Brand's employers experienced significant change, or attracted public scrutiny, she's given steady guidance to their workers. That was true at Twitter--now X--where Brand was chief [...]

June 21, 2024 Paul Briand People who drive and analyze the New Hampshire economic engine agree that interest rates, inflation, housing and child care are the challenges facing an otherwise [...]

The Academy laid off 16 staffers as part of a restructuring of its archive and library, the (https://www.latimes.com/entertainment-arts/movies/story/2024-10-31/motion-picture-academy-layoffs-film-archive-library) LA Times reported on Thursday. In an internal email to staff obtained [...]

Some Intel employees received pay cuts in 2023 to reduce costs and avoid layoffs. Intel announced layoffs this year, affecting employees' promised stock bonuses. Cost-cutting changed the status quo of [...]

U.S. Challenger: announced layoffs dropped -17k to 55.6k in October after the -3.1k decline to 72.8 in September. On a 12-month basis, the pace of announced layoffs slowed to 50.9% [...]

Fandom is undergoing yet another round of layoffs, TheWrap has learned. The job cuts were further confirmed by impacted employees on social media. The wiki-driven company that owns brands like [...]

Chris Mott, a veteran, decided to retire at 57 after he became unemployed and couldn't find a job. Mott and his wife sold their California home, downsized, and invested in [...]

When executives got tired of long project timelines, unclear requirements, and missed deadlines, Agile seemed like the ultimate solution since it promised faster delivery, more flexibility, and closer alignment to [...]

As part of a plan to streamline its international business, Visa plans to lay off around 1,400 employees and contractors by the end of the year, people familiar with the [...]

Arm CEO Rene Haas said in a recent interview that he needs more engineers to drive AI growth. Companies are aggressively recruiting top AI talent, with some offering lucrative compensation. [...]

Volkswagen plans to close factories in Germany for the first time, a top union official said. The German carmaker is under intense pressure to cut costs amid sliding sales in [...]

(https://www.wsj.com/science/space-astronomy/boeing-explores-sale-of-space-business-fa7fa3a9) Boeing is trying to sell the Starliner spacecraft and the ISS support operations that the company performs. Boeing will keep overseeing the Space Launch System. NASA still gives about [...]

Byline: Shivam Mishra Nestle is planning to cut almost 150 jobs in France and outsource the marketing of a clutch of brands, a trade union has said. According to trade [...]

Byline: Shivam Mishra Nestle is planning to cut almost 150 jobs in France and outsource the marketing of a clutch of brands, a trade union has said. According to trade [...]

On Thursday, Spirit Airlines unveiled plans to cut costs and raise cash amid bankruptcy reports. Its stock rose after it said it would sell $519 million of Airbus jets and [...]

Bed Bath & Beyond's owner said in a regulatory filing that it will cut one-fifth of its workforce. Beyond, Inc., formerly known as Overstock, bought the BB&B brand after the [...]

Welcome to 'StockTok,' The Fly's weekly recap of Wall Street's reactions to social media stock news. NEXT GEN AI... To see the rest of the story go to thefly.com. [See [...]

HSBC CEO Georges Elhedery told staff in a memo seen by Reuters that they should brace for job cuts after the bank's latest restructuring, Sinead Cruise reports. 'Inevitably some of [...]

Byline: Ted Baird Struggling New York Community Bancorp said Friday that it is cutting 700 jobs at its Flagstar subsidiary as it tries to return to profitability after being rescued [...]

Creator-economy startup Jellysmack is reorganizing and cutting some staff. The startup, backed by SoftBank, has faced business challenges after raising significant funding. Earlier this year, Jellysmack insiders said they were [...]

Meta undertook what it dubbed its 'year of efficiency' in 2023, laying off thousands of employees. So far, 2024 has seen its own share of cuts, and workers are facing [...]

A class action lawsuit, resignations, layoffs, and other problems have plagued 23andMe. The company's issues have led to consumer concerns about how it handles genealogy data. Here's how 23andMe rose [...]

Byline: Marc Lutz Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its 'strategic goals.' A Meta spokesperson confirmed in [...]

Variety saw a new round of editorial layoffs this week as three staffers were exited from the newsroom, TheWrap has learned. Among them was longtime deputy editor Meredith Woerner, who [...]

Meta laid off employees across multiple teams on Wednesday, including employees working on Reality Labs, Instagram, and WhatsApp, TechCrunch's Maxwell Zeff reports. The company confirmed the layoffs in a statement [...]

The BBC is cutting 185 jobs in a cost-saving measure, with the majority of those cuts coming from its news division, according to an internal memo. BBC chief executive Deborah [...]

Airbus is cutting up to 2,500 jobs in its space and defense unit. A source with knowledge of the situation confirmed the layoffs to Business Insider. The Airbus cuts come [...]

Netflix's new games president, Alain Tascan, appointed Jeet Shroff as VP of games tech. Shroff, formerly of Epic Games, was tapped to promote consistency across Netflix's game portfolio. Netflix also [...]

Boeing plans to issue layoff notices to thousands of employees in November 2024, with affected workers expected to leave the company by mid-January 2025. On October 14, Boeing informed the [...]

Boeing plans to issue layoff notices to thousands of employees in November 2024, with affected workers expected to leave the company by mid-January 2025. On October 14, Boeing informed the [...]

Tencent's Riot Games, the game maker behind 'League of Legends' and 'Valorant,' announced via X, formerly Twitter, that it will eliminate certain roles. 'This isn't about reducing headcount to save [...]

Byline: Vishnu Priyan US-based organic food company Amy’s Kitchen is set to lay off more than 300 jobs in its domestic market. According to WARN filings made by the soup [...]

(https://www.businessinsider.com/emirates-boeing-777x-delays-plans-serious-conversation-strike-2024-10) Boeing is raising $10 billion as a machinists' strike enters its fifth week. In a regulatory filing Tuesday, the planemaker said it had entered a credit agreement with Bank [...]

Boeing will inform 17K employees who are being laid off in 60-day notices to be sent next month, Reuters' Allison Lampert, Joe Brock and Tim Hepher report, citing an engineering [...]

Byline: Vishnu Priyan Danish Crown is to cut around 500 jobs, with the European pork heavyweight's CEO warning the co-op is 'in the midst of a crisis'. The Denmark-based pork [...]

More than 4,000 Boeing employees in the UK are facing uncertainty as the American aerospace giant prepares to cut 17,000 jobs globally, roughly 10% of its workforce. Boeings UK operations, [...]

Boeing is having a rough year. The company has faced mechanical problems, lawsuits, a leadership shake-up, and layoffs. Here's a breakdown of how Boeing's year has gone from bad to [...]

Former LA Times executive editor Kevin Merida, in his first interview since leaving the publication abruptly in January, said disagreements with owner Patrick Soon-Shiong led to (https://www.thewrap.com/los-angeles-times-kevin-merida-billionaire-patrick-soon-shiong-meddling/) his exit from [...]

PubMatic conducted a layoff last week as part of a plan to focus on growth areas. The layoff affected over a dozen employees, or around 1% of staff. PubMatic said [...]

BY ELIAS LEIGHT ILLUSTRATION BY MICHELLE ROHN MC HALE’S BAR & GRILL, a pub in Midtown Manhattan, bills itself as “the best Irish bar in NYC.” It opens bright and […]

Transat A.T. Inc., the parent company of Canadian airline Air Transat, is facing financial challenges and has warned of potential layoffs affecting 80 employees. Despite this, the company assured that [...]

Byline: Andrea Deckert GXO Warehouse Co. Inc. is closing its Avon, Livingston County, location in early 2025. As a result, the 40 employees there will be laid off. The company [...]

U.S. Challenger reported announced layoffs declined -3.1k to 72.8k in September after bouncing 50k to 75.9k in August. Planned layoffs are up 53.4% y/y in September and total 609.2 for [...]

Paramount has been sued by a former employee for violating New Yorks WARN act during layoffs that occurred in September, which stripped more than 300 staffers from their jobs in [...]

Disney is laying off roughly 75 employees across ABC News and its eight ABC Owned Television Stations as part of ongoing cost-cutting efforts. The impacted employees are about evenly split [...]

Byline: Simon Harvey Lamb Weston Holdings has slashed its profit targets in light of a restructuring plan that includes the permanent closure of a US factory and job cuts. The [...]

Samsung Electronics is planning to lay off over 200 executives in India, impacting about 9-10% of its managerial staff across various departments. This move comes as growth slows due to [...]

Jobs in accounts receivable, payroll, and IT will be consolidated or outsourced to save $100 million over the next two years. Climate change, the lack of snow and the pandemic [...]